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Financial Literacy for Youth
Derek Baron, Soul Hole Productions
"Besides improving their personal financial decision making,
teaching students economic principles will help them as
citizens understand and make choices about many of the
critical issues confronting our nation."
Ben Bernanke, Chairman of the Federal Reserve System
Source: http://www.investopedia.com/university/teaching-financial-literacy-teens
first, some good
news
Young people access banking services differently
77% use online banking services
62% use mobile banking apps
Half bank by phone
Over a quarter (27%) of respondents never visit their branch
Source:http://www.paymentscardsandmobile.com/youth-attitudes-to-banking-and-online-banking-services/
Regardless of income level, 91% of teens use the
internet on a mobile device
http://www.pewinternet.org/2015/04/09/mobile-access-shifts-social-media-use-and-other-online-activities/
yet a problem
remains
18 to 24the fastest growing age group filing for bankruptcy
Source: http://yflfoundation.org/
A solution would
improve financial
literacy in a form-
factor for youth...
How could a
mobile app
improve
Financial
Literacy?
DEMO
Quarky
The mobile mentor
Soul Hole Productions
Our mission is to connect young people (14-25)
to 21st century opportunities, services and support
Why Quarky?
We believe young people are missing out on (or avoiding) the
abundant resources and people who can improve their
lives…
young people use smartphones and tablets
more than any other media
92% own
smartphones,
43% own a tablet,
38% own both
Source:http://www.paymentscardsandmobile.com/youth-attitudes-to-banking-and-online-banking-services/
What is Quarky?
Quarky is a mobile app for youth
It works on iPhone, iPads, and Android phones
and tablets
What is Quarky?
Youth can...
discover healthy & fun things to do, ways to serve others, and
get help when they need it
Service Org’s
and Businesses
can...
reach youth with engaging content, information and places
How it works
Step 1
Content and Places
Organizations work with
us to add their Places
and Content into the
Platform
Step 2
Access by Youth
Youth discover healthy &
fun things to do, ways to
serve others, and get
help when they need it.
The system notifies
youth of new content,
events and places
Step 3
Measure and Improve
We work with Youth to
constantly measure and
improve the experience
Organizations get access
to analytics showing the
Social ROI of using
Quarky
quarkyapp.com
Interested?
Backup
Quarky is open
Open Source / Open Standards
Why us?
Jason Bohn
Jason Bohn is a Systems
Change Artist with a lifelong
passion for helping children,
youth and families and
making services work better.
Derek Baron
Derek Baron is a technologist
who builds great software
products through user-centered
design conducted by high
performance teams.
The solution
a mobile app for youth
Organizations can engage
more effectively via
smartphone and tablet
The
Technology
Smartphones
and tablets
User Centered Design
Design Thinking
Youth Mobile Banking

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Financial Literacy for Youth - quarkyapp.com

  • 1. Financial Literacy for Youth Derek Baron, Soul Hole Productions
  • 2. "Besides improving their personal financial decision making, teaching students economic principles will help them as citizens understand and make choices about many of the critical issues confronting our nation." Ben Bernanke, Chairman of the Federal Reserve System Source: http://www.investopedia.com/university/teaching-financial-literacy-teens
  • 4. Young people access banking services differently 77% use online banking services 62% use mobile banking apps Half bank by phone Over a quarter (27%) of respondents never visit their branch Source:http://www.paymentscardsandmobile.com/youth-attitudes-to-banking-and-online-banking-services/
  • 5. Regardless of income level, 91% of teens use the internet on a mobile device http://www.pewinternet.org/2015/04/09/mobile-access-shifts-social-media-use-and-other-online-activities/
  • 7. 18 to 24the fastest growing age group filing for bankruptcy Source: http://yflfoundation.org/
  • 8. A solution would improve financial literacy in a form- factor for youth...
  • 9. How could a mobile app improve Financial Literacy? DEMO
  • 10. Quarky The mobile mentor Soul Hole Productions
  • 11. Our mission is to connect young people (14-25) to 21st century opportunities, services and support
  • 12. Why Quarky? We believe young people are missing out on (or avoiding) the abundant resources and people who can improve their lives…
  • 13. young people use smartphones and tablets more than any other media 92% own smartphones, 43% own a tablet, 38% own both Source:http://www.paymentscardsandmobile.com/youth-attitudes-to-banking-and-online-banking-services/
  • 14. What is Quarky? Quarky is a mobile app for youth It works on iPhone, iPads, and Android phones and tablets
  • 15. What is Quarky? Youth can... discover healthy & fun things to do, ways to serve others, and get help when they need it Service Org’s and Businesses can... reach youth with engaging content, information and places
  • 16. How it works Step 1 Content and Places Organizations work with us to add their Places and Content into the Platform Step 2 Access by Youth Youth discover healthy & fun things to do, ways to serve others, and get help when they need it. The system notifies youth of new content, events and places Step 3 Measure and Improve We work with Youth to constantly measure and improve the experience Organizations get access to analytics showing the Social ROI of using Quarky
  • 19. Quarky is open Open Source / Open Standards
  • 20. Why us? Jason Bohn Jason Bohn is a Systems Change Artist with a lifelong passion for helping children, youth and families and making services work better. Derek Baron Derek Baron is a technologist who builds great software products through user-centered design conducted by high performance teams.
  • 21. The solution a mobile app for youth Organizations can engage more effectively via smartphone and tablet

Editor's Notes

  1. Read more: Teaching Financial Literacy To Teens: Introduction | Investopedia http://www.investopedia.com/university/teaching-financial-literacy-teens/#ixzz3tIVS7OwV Follow us: Investopedia on Facebook
  2. Pew research, over 1000k youth 13-17 in late 2014 and again in 2015
  3. Source:http://www.paymentscardsandmobile.com/youth-attitudes-to-banking-and-online-banking-services/
  4. Code for America: Ohana API Clever: used by 80 of top 100 districts Human Services Data Specification openreferral.org